News Snapshot:
Arthur Hayes, a co-founder of the troubled crypto exchange BitMEX, has predicted that Ethereum will outperform competitors in the DeFi ecosystem. The controversial crypto figure and trader also sees its native Ether token rising to $10,000 before the end of the year. In a recent post , Hayes explained that while Bitcoin was initially his preferred crypto-token, his view has changed, and his portfolio now reflects just that. The BitMEX executive revealed that he had an equally balanced portfolio between BTC and ETH at the start of the year. However, citing the former’s failure to return value in the face...
